The 5th joint SUERF/Bank of Finland joint conference was held in Helsinki on 13 June 2013. The general theme of the …

This paper analyses bank exit (ie reorganisation and liquidation) legislation in selected financial centres: New York …, London, Frankfurt, Helsinki and Tokyo. The focus is on bank exit legislation applicable to commercial banks. The legislation … is analysed from the perspective of bank stakeholders, ie bank creditors, depositors and bank shareholders. The analysis …

We investigate the role of corporate boards in bank loan contracting. We find that when corporate boards are more … other board characteristics influence bank loan prices. However, they do not consistently affect all nonprice loan terms … board monitoring in mitigating information risk ex ante and controlling agency risk ex post, and they reward higher quality …

externalities. Studies conducted by eg the World Bank and La Porta & al imply that whereas private enforcement contributes to …

In the light of the inequity of the way losses from bank insolvencies and their avoidance through intervention by the …

are required to purchase a distressed bank because of political factors (the government’s role), their performances are at …